Attachment_6_-_140L3625R0003_Financial_Responsibility_Required_Documentation.pdf

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Attached to
GAOA RINGING ROCKS ROAD RENOVATION Federal contract opportunity
Solicitation number
140L3625R0003
Issued by
Department of the Interior Bureau of Land Management

About this file

This document details financial responsibility requirements for the GAOA Ringing Rocks Road Renovation project (Solicitation No: 140L3625R0003) issued by the Department of the Interior Bureau of Land Management. Contractors must submit a bank letter providing specific financial information, including: duration of banking relationship, average account balance (categorized using a 3-9 figure range scale), the bank's Risk Management Association (RMA) customer rating, available credit terms, and bank contact information.

The financial documentation will be used to supplement the determination of contractor responsibility as defined in FAR 9.1, specifically to assess the contractor's financial capability to perform the contract. While this information will not be part of the formal evaluation process, it will be utilized to verify the contractor's adequate financial resources or ability to obtain necessary funding for the project.

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Text version

Solicitation No: 140L3625R0003

PROJECT DESCRIPTION: GAOA RINGING ROCKS ROAD RENOVATION

FINANCIAL RESPONSIBLITY REQUIRED DOCUMENTATION

The contractor shall attach a letter from a bank stating the following:

• How long have you been conducting business with your bank?

• Average balance (state in general terms based on the table shown below)

General Figure Range Key:

3 Figures = from $100 - $999 4 Figures = from $1,000 - $9,999 5 Figures = from $10,000 - $99,999 6 Figures = from $100,000 - $999,000 7 Figures = from $1,000,000 - $9,999,000 8 Figures = from $10,000,000 - $99,999,999 9 Figures = from $100,000,000 - $999,000,000

• Bank’s rating of the contractor as a customer based on the Risk Management Association (RMA).

• Extent of credit available and terms of availability

• Name and telephone number and/or email address of person(s) at bank who can be contacted by BLM evaluators.

The above information may be used to supplement the determination of contractor responsibility as defined in FAR 9.1. This information will not be evaluated as part of the evaluation process but will only be utilized in the determination of adequate financial resources to perform the contract or the ability to obtain them to establish contractor responsibility.

FINANCIAL RESPONSIBLITY REQUIRED DOCUMENTATION

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